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Eurozone manufacturing PMI exceeds five-year high
Markit’s eurozone manufacturing purchasing managers' index rose to 55. 1 from 54. 9 in the previous month, exceeding analysts’ estimates for a reading of 54. 8, the highest it’s been in over five years.
Fever-Tree fizzes higher as FY seen "materially ahead" of expectations
Shares in mixers and tonics maker Fever-Tree Drinks fizzed higher on Tuesday as the company said full-year results will be “materially ahead” of its expectations following strong growth in the second half.
Chancellor on track to reach budget deficit target, public finances data reveals
UK public finances improved modestly in December compared to a year earlier, putting Chancellor Phillip Hammond on track to reach his budget deficit target for the current financial year.
UBS downgrades William Hill, prefers Ladbrokes Coral
UBS downgraded William Hill to ‘sell’ from ‘neutral’ and cut the price target to 240p from 295p, saying the market has not priced in the fixed odds betting terminal risk for the bookmaker.
Crest Nicholson hits £1bn sales target
Housebuilder Crest Nicholson Holdings has bounced back from a drop in the demand for houses post Brexit-vote by achieving its £1bn annual sales target for the year end.
Yahoo pushes back expected closure of Verizon takeover deal
Verizon Communications' $4. 8bn deal to acquire Yahoo's core internet business has been stalled, with the latter announcing the delay of the deal's closure during the release of its quarterly earnings.
Marston's revenue grows over Christmas as it plans new pub openings
Over Christmas, Marston’s had like-for-like revenue growth for the fifth successive year and the company maintained its forecast for the full year as it plans new pub openings.
BT warns on profits after Italian writedown and UK slowdown
BT has cut its profit guidance for the next two years after an investigation into accounting blunders at the telecoms giant's Italian business forced it to more than triple its expected write-downs to £530m, while the UK business has also seen a deterioration in its outlook.
Europe open: Stocks higher as investors weigh mixed PMIs
European stocks were higher on Tuesday as traders digested mixed eurozone services and manufacturing data and awaited the UK Supreme Court ruling on parliament’s role in Brexit.
PZ Cussons profit drops due to 'challenging' conditions in Nigeria, Australia
Consumer goods firm PZ Cussons, which produces Imperial Leather soap, reported a 38% drop in pre-tax profit for the first half of the year, due to challenging conditions in Nigeria in Australia, while it maintained that it is on track to meet full year expectations.
London open: Stocks rebound cautiously ahead of Supreme Court ruling
London stocks inched back higher on Tuesday morning, with mining shares to the fore but caution in effect ahead of the imminent Brexit ruling from the Supreme Court.
Rio Tinto agrees $2.45bn Coal & Allied sale to Yancoal Australia
Rio Tinto has agreed the $2. 45bn-plus-royalties sale of its Coal & Allied Industries thermal coal business in New South Wales to Yancoal Australia.
IG ups marketing and adds low-risk products amid regulatory crackdown
IG Group posted a strong set of interim results, though profits were limited by significantly increased marketing spending and developed new lower-risk products to assimilate to the tighter regulatory environment.
Vectura gets FDA investigational approval for VR647
Device and formulation business for inhaled airways disease, Vectura Group, announced on Tuesday it has received an ‘Investigational New Drug’ approval from the US Food and Drug Administration for its VR647 product.
Dixons Carphone delivers Christmas of growth
Dixons Carphone posted its fifth consecutive year of Christmas growth on Tuesday, with revenue ahead 4% on a like-for-like basis for the 10 weeks to 7 January.
London pre-open: FTSE seen rebounding ahead of Supreme Court ruling
The FTSE 100 is expected to rebound in early trading on Tuesday, ahead of the Supreme Court's decision on Article 50.
Tuesday newspaper round-up: Brexit decision, Tesco, Hinkley Point
Jeremy Corbyn is expected to launch a new bid to frustrate Brexit by forcing Theresa May to send her final deal back to Brussels if Parliament votes against it. The Supreme Court will on Tuesday morning return its judgement on whether Parliament should be given a vote before formal Brexit negotiations begin in March. - Telegraph.